3 Ways a Personal Loan Can Help You Plan Your Wedding in 2022
Posted: Feb 21, 2022
An Indian wedding is usually an extravagant affair. It includes monumental décor, plenty of gifts exchanges, and elaborate cuisine. Not to forget the glamourous wedding attires, drone photography, invitation cards, and the series of pre-wedding events like Mehendi, Haldi, and Sangeet to consider. In short: a ‘Big Fat Indian Wedding’ means heavy expenditure. You might also require last-minute extra cash for emergencies like venue changes.
This is when an instant personal loan is a feasible option. You can apply anytime from anywhere. The top fintech companies offer easy funds to salaried individuals. It is disbursed for 3 months to 1 year. After that, you can repay via easy and pocket-friendly EMIs. Here’s a look at how it can help plan your wedding.The Catering
The lip-smacking food is a rich tradition of Indian weddings. It is a vital component of every function with no room for compromise. But hiring established caterers for plated meals, alcoholic and non-alcoholic beverages can sky-rocket the overall price. Fret not! You can apply for quick loansthat are collateral-free. These can be used towards paying for menu design, special linens and dinnerware, bartenders, and clean-up services.
The money is credited to your bank account within a few minutes. This lets you borrow the wedding loan in an uncomplicated manner.The Decoration
A personal loan from the best social loan company lends up to?3,00,000. Splurge on exotic flowers, lavish centerpieces and chandeliers, send-off confetti and sparkles, selfie booths, fancy direction boards, bridesmaid bouquets, and the bride and groom chair signs. Pay all the vendors without worrying about repayment. The process is as simple as applying for a loan.
You can clear EMIs via NEFT/IMPS. In addition, you can enjoy a 7-day interest-free grace period as well. This saves you from penalties in case you miss the due date. Download the online loan apps available on Android to get started.The Venue
The expense is higher than usual if you choose a destination set-up instead of a traditional one. Hosting all the wedding functions like Roka, Engagement, or Receptions at different banquet halls, hotels, and resorts on different days can draw a huge bill. A personal loan can take the stress out of the venue planning. You can use the fund to book the choicest and most luxurious venues. Make sure it is attractive and sprawling with a convenient location. Pick from a flexible tenure of 90, 180, 270, and 365 days for hassle-free repayment.You do not have to make any wedding compromises with a personal loan. Apply for quick loans to plan your honeymoon as well. Simple documentation and eligibility criteria make the product even more lucrative for millennials.
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